Apollon Wealth Management LLC Makes New $213,000 Investment in Expedia Group, Inc. (NASDAQ:EXPE)

Apollon Wealth Management LLC bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,142 shares of the online travel company’s stock, valued at approximately $213,000.

Other large investors have also made changes to their positions in the company. Exchange Traded Concepts LLC raised its stake in Expedia Group by 1,353.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 1,105 shares of the online travel company’s stock worth $164,000 after buying an additional 1,029 shares during the period. Bleakley Financial Group LLC raised its position in shares of Expedia Group by 5.2% during the third quarter. Bleakley Financial Group LLC now owns 2,076 shares of the online travel company’s stock worth $307,000 after purchasing an additional 102 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Expedia Group by 2.6% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 13,163 shares of the online travel company’s stock valued at $1,948,000 after purchasing an additional 331 shares during the period. V Square Quantitative Management LLC grew its position in shares of Expedia Group by 24.9% in the 3rd quarter. V Square Quantitative Management LLC now owns 2,103 shares of the online travel company’s stock valued at $311,000 after purchasing an additional 419 shares during the period. Finally, Blue Trust Inc. grew its position in shares of Expedia Group by 296.3% in the 3rd quarter. Blue Trust Inc. now owns 860 shares of the online travel company’s stock valued at $127,000 after purchasing an additional 643 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Trading Down 0.4 %

EXPE stock opened at $202.38 on Friday. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $207.73. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The company’s 50-day simple moving average is $183.82 and its 200 day simple moving average is $162.95. The company has a market capitalization of $25.98 billion, a PE ratio of 22.36, a price-to-earnings-growth ratio of 0.82 and a beta of 1.82.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 55.42% and a net margin of 9.01%. As a group, sell-side analysts anticipate that Expedia Group, Inc. will post 10.75 earnings per share for the current year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.79%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on EXPE shares. StockNews.com upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday. Melius Research raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. UBS Group lifted their price target on Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. HSBC raised Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a research report on Friday, February 7th. Finally, Melius raised Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 target price on the stock in a research report on Monday, January 6th. Nineteen research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Expedia Group has an average rating of “Moderate Buy” and a consensus price target of $192.64.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the sale, the insider now owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total value of $1,697,900.00. Following the completion of the sale, the director now directly owns 158,505 shares in the company, valued at approximately $26,912,563.95. This represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,951 shares of company stock worth $3,900,580 over the last ninety days. Corporate insiders own 6.80% of the company’s stock.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.